Scope of the Study
Speech synthesis is a form of the artificial production of human speech. A computer system generally used for the purpose which is known as a speech computer or speech synthesizer and which can be implemented in software or hardware products. A text-to-speech system (TTS) converts text in normal language into speech. Other systems translate symbolic linguistic representations such as phonetic transcriptions into speech. Synthesized speech can be created by concatenating recorded speech pieces that are stored in a database. Systems differ in the size of the stored language units; a system storing telephones or diphones has the largest output area, but it may not be clear enough. For certain uses, storing entire words or sentences enables high-quality output. Alternatively, a synthesizer can incorporate a model of the vocal tract and other human voice features to produce a fully "synthetic" speech output. One of the popular branches of speech synthesis is audiovisual speech synthesis, or multimodal speech synthesis, which uses an animated face that is tightly synchronized to complement the synthesized speech. Multimodal speech synthesis also includes additional features such as non-verbal cues to the language to more accurately communicate the user's words. Many speech synthesis systems allow users to select the type of speech, e.g. a male or female voice.
The market study is being classified by Type (Concatenation Synthesis and Formant Synthesis), by Application (Visually Impaired, Dysreaders, Student and Other) and major geographies with country level break-up.
Acapela (Belgium), Linguatec (Germany), Lyrebird (United States), Synfonica LLC (United States), Voicery (United States), VocaliD (United States), FueTrek Co. Ltd. (Japan), ModelTalker (United States), CereProc (Scotland), Claro Software (United Kingdom) and Speechmorphing (United States) are some of the key players profiled in the study.
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Speech Synthesis Software market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Speech Synthesis Software market by Type, Application and Region.
On the basis of geography, the market of Speech Synthesis Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- An Upsurge in the Adoption of Voice Activated Systems, Voice-Enabled Devices, and Voice-Enabled Virtual Assistant Systems
- The Rising Application in the Banking and Automobile Sectors
- Rising Trend in Development of Artificial Intelligence-Based System
- Growing Adoption of Smart Electronics in Developed Regions
- The Lack of Accuracy of These Technologies
- Advancements in Technology and the Emergence of Innovative Concepts
- A Rise in the Continuous Development of Machine Learning Techniques and Integration of Connected Devices
- Lack of Awareness in Developing Regions
Key Target AudienceProviders of Speech Synthesis Software, End-Users, Potential Investors, Market Research Firms and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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